When will exchange of contracts take place for purchase conveyancing in Southampton and do I need to be at the conveyancers branch?
Where you are round the corner to our conveyancing solicitors in Southampton you are welcome to come in to sign the paperwork. However, the lender approved solicitors we work with supply a national conveyancing service and provide just as diligent and professional a job for you when dealing with you by post or email. The executing of the purchase agreement is not the critical part. Signing on the dotted line simply enables the conveyancer to exchange contracts at the suitable time, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Southampton)to be in the office at the appropriate time.
There is lots of here regarding conveyancing in Southampton but what is your top tip for selecting the right conveyancer in Southampton
Do not opt for the cheapest Southampton conveyancing quote. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
When it comes to mortgage companies such as Leeds Building Society, do Southampton conveyancing practitioners face an annual charge to be on the list of approved solicitors?
We are unaware of any lender fees to be on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
I am currently in the process of buying my council flat in Southampton. I have a mortgage agreed with Leeds Building Society. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Leeds Building Society, you will need to appoint a solicitor on the Leeds Building Society conveyancing panel.
I have justdiscovered that Stirling Law have closed. They carried out my conveyancing in Southampton for a purchase of a leasehold apartment 18 months ago. How can I be sure that the property is in my name in the name of the previous owner?
The easiest method to check if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Southampton conveyancing specialists.
I opted to have a survey done on a house in Southampton before retaining solicitors. I have been informed that there is a flying freehold element to the property. The surveyor advised that some lenders will not give a loan on this type of property.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Birmingham Midshires. Should you wish to call us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Southampton. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in Southampton cover?
Commercial conveyancing in Southampton incorporates a wide range of advice, supplied by qualified solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
Should I go with a Southampton conveyancing lawyer who is local to the property I am hoping to buy? We have a good friend who can execute the conveyancing however his firm is located 300miles drive away.
The primary upside of using a high street Southampton conveyancing practice is that you can attend the office to sign documents, present your identification documents and pester them if necessary. Having local Southampton know how is a benefit. However nothing is more important than finding someone that will do a good and efficient job. If you know people who instructed your friend and in the main were content that should trump using an unfamiliar Southampton conveyancing solicitor solely due to them being Southampton based.